XPO, Inc. (NYSE:XPO) Given Average Recommendation of “Moderate Buy” by Brokerages

XPO, Inc. (NYSE:XPO) has been given a consensus recommendation of “Moderate Buy” by the sixteen brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and fifteen have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $141.13.

A number of analysts have recently commented on XPO shares. Barclays upped their price target on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday. Susquehanna upped their price target on XPO from $145.00 to $160.00 and gave the company a “positive” rating in a research note on Wednesday, September 18th. Citigroup upped their price target on XPO from $155.00 to $179.00 and gave the company a “buy” rating in a research note on Tuesday. Stifel Nicolaus boosted their price objective on XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Benchmark reiterated a “buy” rating and issued a $140.00 price objective on shares of XPO in a research report on Thursday, September 19th.

XPO Stock Performance

XPO stock opened at $145.78 on Friday. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of 47.18, a P/E/G ratio of 2.34 and a beta of 2.07. XPO has a 12-month low of $78.72 and a 12-month high of $156.85. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock has a 50-day simple moving average of $118.66 and a 200 day simple moving average of $113.24.

XPO (NYSE:XPO) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 EPS. On average, research analysts anticipate that XPO will post 3.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new position in XPO during the 3rd quarter worth $25,000. Blue Trust Inc. grew its holdings in shares of XPO by 25,800.0% during the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock worth $27,000 after purchasing an additional 258 shares in the last quarter. Quest Partners LLC acquired a new stake in shares of XPO during the 2nd quarter worth $28,000. International Assets Investment Management LLC acquired a new stake in shares of XPO during the 2nd quarter worth $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of XPO during the 2nd quarter worth $37,000. Institutional investors own 97.73% of the company’s stock.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.